How has the value of silver proof Washington 50 state quarters held up?
DisneyFan
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Are collectors of the clad coins graduating to the silver proofs?
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I think most have or might have worked in that along the way 🙂
They are bullion. Die to the run in silver, they do okay but there's really no premium on them in 69 or raw.
All comments reflect the opinion of the author, evn when irrefutably accurate.
Way too common and too low of a relative preference.
I own several dozen sets for the metal content but have no interest in it as a collectible. Intend to crack all out of the holders and place in coin tubes.
My recollection is that the 1999 sold for as much as $600 at one time (prior to 2008 when the series ended) but if not, at least $300. Saw one sell on eBay a few months ago for $66.
I have been buying them fairly regularly over the years at melt. As mentioned 1999 carried a premium but it has dropped significantly. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Excellent way to stack silver. Much more attractive than junk silver for the same money.
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While that is true, the modern 90% silver proofs do have one thing going against them.
A 1964 or older 90% silver coin can be identified by the date alone.
But modern state quarter proofs were simultaneously minted in the copper-nickel clad and 90% silver compositions.
A batch of the copper-nickel clad version could be subjected to a silver wash (light plating) and then they would look just like 90% silver proofs.
So i would recommend weighing them. 90% silver state quarter proofs should weigh about 6.25 grams each.
The copper-nickel clad state quarter proofs weigh about 5.67 grams.
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Melt em, Danno!
The prices for them have fallen greatly, especially the 1999 silver set. The reason is there are too many of them.
There is a core of collectors, like me, who likes the annual Proof sets. After that group acquires them, the leftovers are a drug on the market. Modern coins can be poplar for a while, but then the bubble breaks, and the prices drop or collapse. It has happened time after time.
Toward the end of the State Quarter program, there was huge interest. When the dust settled, so did the prices.
Put together a silver proof set as they came out because I wanted to do that. Still have them.
I still say they need some DCarr overstrikes.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
I believe even the wholesalers prefer regular circulated 90% to modern 90% silver proof coinage. That may have changed recently.
I bought a 1999 silver proof set for $5.00 at a swap meet in Va last year.